Political Quotes

Kent Conrad: I tried to make clear in my presentation, and I know the Senator wasn't here, there are two different sets of numbers.…

On the recordApril 3, 2001
I tried to make clear in my presentation, and I know the Senator wasn't here, there are two different sets of numbers. One is the President's number from the Office of Management and Budget. He says there is $500 billion in the Medicare trust fund Part A. The CBO says $400 billion or the specific amount of $392. That is the difference. I have tried to be clear throughout on those differences, that it is a difference between the agencies. The CBO that we must use says $400 billion, and the President's Office of Management and Budget says $526 billion. That is the difference.
Said by
Kent Conrad
Democratic · North Dakota

Editor's note · Context

Discussing discrepancies in Medicare trust fund estimates from the President and the CBO.

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